London, UK -- (SBWIRE) -- 03/22/2022 -- According to Triton's report, the global cosmetic surgery and procedures market, which obtained $25.57 billion in 2020, is expected to grow at 6.25% of CAGR by 2028.

A recent study by Triton Market Research titled 'Global Cosmetic Surgery and Procedures Market' entails the Global Analysis and Forecasts by Type (Non-Surgical, Surgical) and by Geography (North America, Asia-Pacific, Latin America, Middle East and Africa, Europe).

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Triton's report estimates the global cosmetic surgery and procedures market to grow based on revenue at a CAGR of 6.25% from 2021 to 2028. It is further forecasted to display revenue worth $52.12 billion by 2028.
Cosmetic surgery is a surgical or non-surgical procedure. These procedures include liposuction, breast augmentation, and Botox, among others.

Factors such as technological advancements and rising acceptance of aesthetic procedures are motivating the cosmetic surgery and procedures market. In recent years, the introduction of minimally invasive aesthetic devices and laser therapies have simplified cosmetic procedures, gaining traction among populations, supporting the market's growth. However, the lack of an efficient reimbursement framework and the side effects of these procedures are restricting the cosmetic surgery and procedures market's expansion.

The cosmetic surgery and procedures market is sectioned into type. The type section is further bifurcated into non-surgical and surgical.

Globally, North America holds the largest market for cosmetic surgery and procedures market and is likely to have this stronghold till 2028. This growth can be attributed to the acceptance of technology, growing awareness relating to these procedures, and rising income. Furthermore, the increasing consciousness about aesthetics among the geriatric population has surged the demand for cosmetic procedures, thereby driving the cosmetic surgery and procedures market on a progressive path within North America.

Johnson and Johnson, Lumenis Ltd, Candela Corporation, Alma Lasers Ltd, Bausch Health Companies Inc, Allergan, Cutera Inc, Sinclair Pharma, Galderma Laboratories LP, Sientra Inc, Cynosure Inc, Ipsen Group, and Merz Pharma are renowned companies in the cosmetic surgery and procedures market.

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Question & Answer: Cosmetic Surgery and Procedures Market

Question 1: What factors are motivating the cosmetic surgery and procedures market?

Answer: Factors such as technological advancements and rising acceptance of aesthetic procedures are motivating the cosmetic surgery and procedures market. In recent years, the introduction of minimally invasive aesthetic devices and laser therapies have simplified cosmetic procedures, gaining traction among populations, supporting the market's growth.

Question 2: What factors are restricting the cosmetic surgery and procedures market's expansion?

Answer: The lack of an efficient reimbursement framework and the side effects of these procedures are restricting the cosmetic surgery and procedures market's expansion.

Question 3: Which region holds the largest market for cosmetic surgery and procedures market?

Answer: Globally, North America holds the largest market for cosmetic surgery and procedures market and is likely to have this stronghold till 2028. This growth can be attributed to the acceptance of technology, growing awareness relating to these procedures, and rising income. Furthermore, the increasing consciousness about aesthetics among the geriatric population has surged the demand for cosmetic procedures, thereby driving the cosmetic surgery and procedures market on a progressive path within North America.

Question 4: Which are the renowned companies in the cosmetic surgery and procedures market?

Answer: Johnson and Johnson, Lumenis Ltd, Candela Corporation, Alma Lasers Ltd, Bausch Health Companies Inc, Allergan, Cutera Inc, Sinclair Pharma, Galderma Laboratories LP, Sientra Inc, Cynosure Inc, Ipsen Group, and Merz Pharma are renowned companies in the cosmetic surgery and procedures market.

Related Report:

Global Medical Aesthetics Market

The global medical aesthetics market is estimated to showcase growth in its revenue during 2019-2028 at a CAGR of 5.53%. It is likely to gain revenue worth $18527.3 million by 2028.

Medical aesthetic devices increased the awareness relating to anti-aging treatment options. Several people have undergone cosmetic surgeries in recent years due to rising consciousness of attaining a youthful appearance.
The rising acceptance of home-use aesthetic products, growing popularity of medical aesthetic treatments, and increasing trend of non-invasive techniques are widening the medical aesthetics market's growth.
Further, the rising measures and technological advancements are vital opportunities that the market can leverage to reach its anticipated growth.